Hello guys, gals!
So my girlfriend (soon to be fiance) and I started saving up for a down payment on a first home, roughly a year ago. Currently we have a small, but hopes to get fatter' $10,000. We are in the predicament of where we will deposit this money into instead of it sitting and collecting dust. We try to contribute a minimum of $1,000 combined but will be increasing our deposits to $1,500 combined this month and will repeat that each month. I'm very interested to hear some advice being shed on what to do with the initial $10,000 and in general a good tune-up of what we could do with the money to benefit the growth of it for when we are ready to commit to a mortgage. In advance, I appreciate your time and advice guys and gals! I look forward to hearing suggestions, if you require any further information, please do not hesitate to ask!
So my girlfriend (soon to be fiance) and I started saving up for a down payment on a first home, roughly a year ago. Currently we have a small, but hopes to get fatter' $10,000. We are in the predicament of where we will deposit this money into instead of it sitting and collecting dust. We try to contribute a minimum of $1,000 combined but will be increasing our deposits to $1,500 combined this month and will repeat that each month. I'm very interested to hear some advice being shed on what to do with the initial $10,000 and in general a good tune-up of what we could do with the money to benefit the growth of it for when we are ready to commit to a mortgage. In advance, I appreciate your time and advice guys and gals! I look forward to hearing suggestions, if you require any further information, please do not hesitate to ask!
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